Understanding Yacht Insurance for Co-Owners
Proper insurance protects all co-owners from significant financial exposure.
Yacht insurance for co-owners includes hull and machinery coverage, P&I insurance, and crew coverage.
Essential Coverage Types
Hull and Machinery
Covers physical damage to the vessel.
Protection and Indemnity
Liability coverage for injury to third parties and passengers. Minimum $5 million recommended.
Crew Insurance
Workers compensation equivalent for crew injuries.
Charter Liability
Additional coverage when the vessel operates commercially.
Coverage Requirements
Navigational Limits
Policies specify approved cruising areas.
Cost Allocation
Insurance costs are shared proportionally, typically 2-4% of vessel value annually.
YachtFunding Insurance Standards
All YachtFunding listings include comprehensive insurance.
Acceso exclusivo
Descubre si calificas para una fraccion en nuestra flota 2026
Cada embarcacion tiene disponibilidad limitada. Completa tu perfil de inversor y un advisor te contactara en menos de 24 horas.